There could be any number of contracts that entrepreneurs need to have on deck. Here’s a short list of the major types of contracts you may need during the life of your business:
Independent Contractor Agreements: If you’re not ready to hire employees in your business, but still need someone else to do some work for you, an independent contractor agreement may be necessary. This will outline the scope of the work, payment options, and other things that you don’t want to leave open to fights later on.
Employment Agreements. At some point, you may want to hire employees. When you do, getting the expectations on paper can protect all of the parties in the event that questions or issues arise.
Confidentiality or Non-Disclsoure Agreements. If you have valuable intellectual property or information that you don’t want others to share or publicize, these types of contracts will outline your expectations and what happens if the other party spills the beans.